Lightning is complicated, difficult to use, sometimes doesn't work properly, requires a lot of learning and experimentation, and is still a risky place to hold Bitcoin funds. Doesn't this make it a protocol destined to obscurity and disuse? Doesn't it mean that better, simpler options will simply replace it, and Bitcoin is to fail from its extensive limitations? Find out all the ways I find Lightning *doesn't* do its job well, & what I think it means for the future in today's Guy's Take episode!
Mentioned in the show:
paywall.link
pollofeed.com
schnorr signatures
previous Guy's take on the complexity of the internet
"This was one of my early objections to Bitcoin is that "Well, everything gets hacked eventually", right? Everything has some security flaw, so we're...
Diving into the many incredible works made available in The Bitcoin Times Ed 2! Today we read Gigi's great piece "Bitcoin's Eternal Struggle" on...
Another short but excellent blog post covering the incredible work being done by the team over at @CasaHODL. For the first time we are...